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Impact of COVID-19 On Charlotte Region Home Showings As Of April 2020
 
Charlotte Region Home Showings & COVID-19
 
Charlotte region home showings were negatively impacted by the onset of COVID-19 and attendant stay-at-home orders in both North and South Carolina. Below are charts showing just how much home showings were impacted in four of the Charlotte region's highest demand cities/towns in April 2020 as compared with April 2019 and with the two months preceding April 2020. No doubt the months of March and April 2020 were "brutal" in terms of the impact of the pandemic on Charlotte region homes showings. With the expected gradual lifting of restrictions in May throughout the region the hope is that the level of showings will also begin to gradually increase, as will pending contracts and new listings.
 
 
Charlotte Home Showings Analysis
 
As the chart below indicates, showings of listed properties priced up to $499,000 in the City of Charlotte, dropped some 62.5% in April 2020 compared with April 2019. Showings for homes priced up to $499,000 dropped almost 42% from the month of March 2020 in April 2020 and almost 60% from the month of February 2020.
Showings for homes priced from $500,000 to $1 million dropped 76% in April 2020 compared with April 2019 and almost as much compared with ... more

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